Sabal Trust CO reduced its stake in Equifax Inc. (NYSE:EFX) by 12.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,860 shares of the company’s stock after selling 415 shares during the period. Sabal Trust CO’s holdings in Equifax were worth $367,000 as of its most recent filing with the SEC.
Other large investors have also made changes to their positions in the company. Commonwealth Equity Services Inc increased its stake in shares of Equifax by 7.8% in the first quarter. Commonwealth Equity Services Inc now owns 8,122 shares of the company’s stock valued at $928,000 after buying an additional 589 shares in the last quarter. Aperio Group LLC increased its stake in shares of Equifax by 16.5% in the first quarter. Aperio Group LLC now owns 30,397 shares of the company’s stock valued at $3,474,000 after buying an additional 4,308 shares in the last quarter. Virginia Retirement System acquired a new stake in shares of Equifax during the first quarter valued at about $265,000. Ngam Advisors L.P. increased its stake in shares of Equifax by 10.6% in the first quarter. Ngam Advisors L.P. now owns 23,792 shares of the company’s stock valued at $2,719,000 after buying an additional 2,275 shares in the last quarter. Finally, TIAA CREF Investment Management LLC increased its stake in shares of Equifax by 4.5% in the first quarter. TIAA CREF Investment Management LLC now owns 772,055 shares of the company’s stock valued at $88,238,000 after buying an additional 33,349 shares in the last quarter. 88.64% of the stock is owned by hedge funds and other institutional investors.
Shares of Equifax Inc. (NYSE:EFX) traded down 0.52% on Tuesday, hitting $133.27. The stock had a trading volume of 402,075 shares. The stock has a market capitalization of $15.90 billion, a PE ratio of 34.70 and a beta of 0.87. Equifax Inc. has a one year low of $91.72 and a one year high of $136.97. The firm’s 50 day moving average is $132.45 and its 200-day moving average is $125.97.
Equifax (NYSE:EFX) last announced its quarterly earnings data on Wednesday, July 27th. The company reported $1.43 EPS for the quarter, topping analysts’ consensus estimates of $1.36 by $0.07. Equifax had a return on equity of 24.51% and a net margin of 16.11%. The business earned $811.30 million during the quarter, compared to analysts’ expectations of $802.85 million. The firm’s quarterly revenue was up 19.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.15 earnings per share. Equities research analysts expect that Equifax Inc. will post ($0.47) earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Thursday, September 15th. Shareholders of record on Friday, August 19th were issued a dividend of $0.33 per share. The ex-dividend date was Wednesday, August 17th. This represents a $1.32 annualized dividend and a yield of 0.99%. Equifax’s dividend payout ratio is presently 34.38%.
EFX has been the subject of several research analyst reports. Royal Bank Of Canada reissued a “buy” rating and issued a $136.00 price objective on shares of Equifax in a research note on Wednesday, June 15th. Deutsche Bank AG reaffirmed a “buy” rating on shares of Equifax in a research report on Thursday, June 16th. Jefferies Group reaffirmed a “hold” rating and issued a $128.00 target price on shares of Equifax in a research report on Thursday, July 28th. Stifel Nicolaus upped their target price on Equifax from $131.00 to $143.00 and gave the stock a “buy” rating in a research report on Friday, July 29th. Finally, JPMorgan Chase & Co. upped their target price on Equifax from $133.00 to $155.00 and gave the stock an “overweight” rating in a research report on Friday, July 29th. Two research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $140.11.
In other Equifax news, insider J Dann Adams sold 4,422 shares of Equifax stock in a transaction dated Friday, July 29th. The stock was sold at an average price of $134.00, for a total transaction of $592,548.00. Following the transaction, the insider now directly owns 57,804 shares in the company, valued at $7,745,736. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Chairman Richard F. Smith sold 71,568 shares of Equifax stock in a transaction dated Tuesday, August 16th. The stock was sold at an average price of $130.79, for a total value of $9,360,378.72. Following the transaction, the chairman now owns 216,364 shares in the company, valued at $28,298,247.56. The disclosure for this sale can be found here. Company insiders own 2.01% of the company’s stock.
Equifax Inc is a provider of information solutions and human resources business process outsourcing services for businesses, governments and consumers. The Company operates through four segments: U.S. Information Solutions (USIS), International, Workforce Solutions and Personal Solutions. USIS provides consumer and commercial information solutions to businesses in the United States, including online information, decisioning technology solutions, fraud and identity management services, portfolio management services, mortgage reporting and financial marketing services.
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